Seasoned Stocks Trade of the Week

Never Be On The Wrong Side Of Another Historically Repeating Market Cycle Or Trend…


 
Dear ,


Welcome to this week's Seasoned Stocks Trade of the Week where we show you one trade you should be looking into for the week. We dive deep and take a look at how this stock has behaved historically during this time period. This is information you are going to want to read. We do this every week for you, so keep an eye out for another one next week. Now, let us get into today's report.

This week we see a stock that really piques our interest. The stock is Marathon Petroleum Corp (MPC). Now I'm not definitely sure why this happens, more than likely it's a stock that's had a recent historical tendency to have a run-up into earnings. As a matter of fact, from July 10-July 31, it's experienced 100% Winners in the past 10 years--- which falls a couple of trading days, give or take, before it's upcoming earnings announcement.

Mark your calendar, and please be aware of upcoming earnings…

 



Below is a Cumulative Chart of the tendency of Marathon to move up between July 10th and July 31st...see where I've zoomed in to the dates below...




If you'll notice below, the week by week breakdown in the stock seasonals, it's got a strong tendency to move up into the end of July, and then starts to sell off for a couple of weeks thereafter, and then bullish accumulation has begun to come back in historically.





We'll take a look further into the Seasoned Stocks app, under the Dollar Trades tab where I ran a query---One thing to key in on, during the seasonal run-up, is that the Max % Open Losses (highlighted in yellow) are not that drastic of a temporary pullback---for an premium option seller, with the proper knowledge, this should be something that might raise your eyebrow. Then you'll see the $Profit/Loss (green check marks) based on $1,000 invested into the stock---if one had leveraged options, this would have created a very attractive ROI% as well.





Below are some general stats under the Dollar Performance tab. As you'll notice, over the 21 day period, it averaged almost $70 for every $1,000 in the stock, or nearly an +7% move in 3 weeks--- these are solid stats, and if you are an options trader, you could have potentially made a much higher ROI%.





If we look at our Technical Analysis Widgets  below, and take a top down approach from the big picture Monthly timeframe---we see it's got a consensus Buy sentiment, as well as does the Weekly timeframe. And the Daily is Neutral, which is okay...it could mean that it's in an accumulation period and could potentially break-out...Hopefully to the upside!




Something to ponder...Implied Volatility is rather low for Marathon Petroleum as well, not to mention IV is at 52 week historical lows with other refiners and WTI Crude…(I'm not gonna get into trading IV and what that can or could mean---you can always Google it to death...there's only 35 million plus sources whenever you find the time to study and research---haha, I know, I'm a smartypants!




The analysts like the stock...still has nice upside potential in their overall views



Below is an article: "Marathon Oil (MRO) Should Keep Soaring: Here's Why: --- it was recently written on the Nasdaq website, within the article there are a few highlighted points that popped out to me that you might find useful…see below Can It Go Further?



Hopefully you've found this seasonal information useful, and it's fairly simple to see the logic behind a solid seasonal tendency in Marathon Petroleum that's potentially setting up. Remember, do your homework, and fully understand the risk before trading anything.

To learn more about more seasonal information on Marathon Petroleum and other seasonal opportunities, please click on the link below to access the Seasoned Stocks software:


https://seasonedstocks.com


Trade Smart,
Chad Shirley





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